Kevin L. Thompson - 09 Mar 2023 Form 4 Insider Report for PACWEST BANCORP

Role: EVP, CHIEF FINANCIAL OFFICER
Signature: /s/ Angela M.W. Kelley, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 09 Mar 2023
Net transactions value: -$154
Form type: 4
Filing time: 13 Mar 2023, 20:14:50 UTC
Previous filing: 10 Feb 2023
Next filing: 29 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PACW	Common Stock						30,896	09 Mar 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PACW	Sold Put Option (obligation to buy)	Sale	$154	-125	-50%	$1.23^*	125	09 Mar 2023	Common Stock	12,500	$22.50	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 9, 2023, the Reporting Person wrote put option contracts pursuant to which the Reporting Person will be required to purchase shares of the Issuer's Common Stock at the stated strike price if the counterparty exercises the put option on or before March 17, 2023.